CIN | U70102MP2014PTC032551 |
---|---|
Year Established | 21 March 2014 |
Address | VIBRANT PROPERTIES K-6 1ST FLOOR KHANDELWAL MARKET NAGPUR ROAD NEAR GULZA R HOTEL , JABALPUR, Madhya Pradesh, India - 482002 |
Company Status | Private |
In the realm of real estate, selecting a reliable builder is crucial for a satisfactory property purchase experience. One such builder, Vibrant Plots Private Limited, has made its mark in Madhya Pradesh but has faced some legal challenges. This article delves into the builder's performance through the lens of recent legal cases, providing potential buyers with insights on what to expect.
Vibrant Plots Private Limited has encountered one formal complaint, which was not resolved in its favor. The specifics of the case include:
The lone case lost by Vibrant Plots Private Limited reveals a significant pattern of non-compliance and negligence. The failure to execute development work led to customer dissatisfaction and ultimately, a legal grievance. The absence of a defensive response from the builder further evidenced a lack of engagement with customer concerns.
Interestingly, the builder does not have any cases won, which could indicate a trend of either facing unresolvable issues resulting in losses or a lack of legal challenges being effectively managed. This absence of victory underscores an overall struggling reputation in compliance with commitments made to clients.
Based on the available data, Vibrant Plots Private Limited demonstrates a troubling legal history with a complaint that was resolved against them. The singular complaint highlights a potential issue with reliability and customer service, making it essential for prospective buyers to approach with caution.
By taking these proactive steps, potential buyers can navigate the complexities of home buying better and make informed decisions about their investments.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Vibrant Plots Private Limited, where the builder lost, reveals several key themes and key patterns underlying the disputes.
The cases against Vibrant Plots primarily revolve around three critical themes: the failure to execute development work on properties, non-compliance with financial obligations towards customers, and claims for mental agony and damages resulting from these failures.
In the reported case, the applicant claimed that the builder did not develop their plot as promised and failed to return the consideration amount, which highlights issues in both development execution and financial accountability. These themes are not only crucial in understanding the builder's obligations but also indicate common reasons why buyers might resort to legal action.
The patterns emerging from these case summaries demonstrate that buyers are often driven to court by the builder’s inability to fulfill contractual commitments, particularly in relation to development work and financial settlements. The builder's silence in response to the complaint raises concerns about their customer service and accountability practices, which could imply a broader trend of neglect in addressing buyer concerns.
The common reasons for the builder's losses in these cases seem to stem from their failure to meet contractual obligations, combined with a lack of timely communication or resolution regarding buyer grievances. The authority's decision to award the applicant the principal amount along with interest and damages signals a legal recognition of the builder's shortcomings and provides a precedent for future cases.
Overall, this analysis indicates that potential buyers should exercise caution when engaging with Vibrant Plots Private Limited, weighing carefully the risks associated with their reputation for unfulfilled development work and financial obligations.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
---|---|---|---|---|---|---|---|
9-2] 87-48-0469 | Madhya Pradesh | The applicant filed a complaint against the non-a… | ["Non-execution of … | {"appellant_claim": "The applicant claimed that t… | Shri Dhirendra Sing… | Vibrant Plots Priva… | https://www.rera.mp.gov.in/upload/complaint_files/163612205154.pdf |